What you need to know about Florida today
Downtown Bogotá, Colombia
Go to full story: The Florida-Colombia Connection.
Stability, economic growth and a new trade agreement are creating stronger Florida-Colombia trade links. Read our report on the Florida-Colombia connection and more:
For Florida, falling off the "fiscal cliff" would wipe out more than 130,000 jobs, stifle consumer spending and raise taxes for just about everyone who pays them. That sounds like a recipe for disaster — because it is. Read more form the South Florida Sun-Sentinel and the Naples Daily News.
For some American workers, picking the right health insurance is becoming more like hunting for the perfect business suit: It takes some shopping around to find a good fit and avoid sticker shock. In a major shift in employer-sponsored health insurance coverage, companies are giving employees a fixed amount of money and allowing them to choose their own coverage based on their individual needs. [Source: Florida Today]
Cause marketing is defined as the wide variety of commercial activities that align a company or brand with a cause to generate business and societal benefits. Studies show that more consumers would recommend a brand that supports a good cause over one that doesn’t. [Source: Fort Myers News-Press]
Banks have lots of money available to loan, but many small businesses are struggling to meet the stricter government requirements for getting that money. Consumer demand is low. So many commercial loan applicants don’t make enough in sales to meet the requirement of having two years of records that show their business is stable and profitable. [Source: Florida Today]
ALSO AROUND FLORIDA:
› Knight Foundation announces $23 million for arts in South Florida
The Knight Foundation extends Knight Arts Challenge and is giving another $23 million to the arts in South Florida, bringing the organization’s total to $86 million in six years.
› Florida lags in racehorse doping regulations
Antiquated state laws, lenient penalties and a system that tolerates repeat offenders and sometimes leaves violators unpunished for years have caused Florida to fall behind in policing an industry that has come under pressure from U.S. congressional leaders to tighten rules on drugs and medications used on horses.
› The business behind the artist
While Art Basel has helped transform Miami’s reputation from beach-and-party scene to arts destination, the region’s gallery identity is still coming into its own.
› Ports set cruising records
Broward's Port Everglades hosted a whopping 3.68 million passengers, and the Port of Palm Beach 341,000, on multi-day voyages in the year ending Sept. 30. That kept the Fort Lauderdale seaport as the No. 2 cruise port in the world, trailing only Miami, and kept the smaller Palm Beach port on the cruise map.
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